Multifamily Revenue Manager
Horning · Hyattsville, MD · 3 days ago
On-siteAccountingFull-time
What You'll Do
- Develop and execute portfolio-wide pricing strategy for new leases and renewals, setting rents within approved parameters and adjusting as occupancy, leasing velocity, concessions, and loss-to-lease move.
- Set annual renewal increase guidelines, decide renewal exceptions submitted by Operations, and balance retention against revenue on every call.
- Capture every allowable increase across our regulated communities: rent control calculations and banked increases, LIHTC maximum rent implementation, and Housing Choice Voucher renewals with DCHA and other housing authorities, in partnership with Compliance.
- Run ongoing competitor and submarket analysis and translate it into pricing action, not just reporting.
- Build the revenue infrastructure: forecasting models, portfolio dashboards, budget revenue assumptions, and recurring revenue meetings with Property Management and Asset Management leadership.
- Audit rents, concessions, and fees to find and fix revenue leakage, and lead the evaluation of revenue management technology.
- Document pricing methodology and rationale so every decision is market-based and defensible.
What We're Looking For
- 5+ years of progressive experience in multifamily revenue management, pricing, or asset management analytics.
- A track record of developing pricing or revenue recommendations across multiple communities, not just executing at one site.
- Working knowledge of at least one regulated housing program (LIHTC, Housing Choice Voucher, rent control, or HUD-assisted housing) and an appetite to master the rest.
- Advanced Excel, including financial modeling with large datasets; Yardi or a comparable platform.
- The analytical rigor to turn messy market data into a clear, defensible number, and the judgment to know when to escalate.
- Deadline discipline: regulated rent calendars allow no misses.
- The communication skills to influence property teams, Compliance, and executives without direct authority.